Stated Income Second Mortgage Links

Mortgage brokers sentenced for parts in mortgage fraud and money laundering scheme - KHON2

Mortgage brokers sentenced for parts in mortgage fraud and money laundering scheme KHON2 In each case, Kalani, Balino or others working with them found an individual who served as a "straw buyer," or one who obtained loans by falsely claiming that he would live in the property, and by inflating his income. The loans were "stated income ...

Can you refinance an underwater home without HARP? - wflx

eNewsChannels

Can you refinance an underwater home without HARP? wflx That leaves out a lot of mortgages that were originated before the financial crisis that didn't qualify for Fannie or Freddie backing -- such as stated-income loans or option-ARMs where borrowers could initially make monthly payments that didn't keep ... Will New Policies Help Undewater Homeowners? Not MeCare2.com (blog) all 46 news articles »

Foreclosed Americans find way back to homeownership - Reuters

Foreclosed Americans find way back to homeownership Reuters By Jilian Mincer NEW YORK May 16 (Reuters) - When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. But less than two years later, ... and more »

Silvergate Bank Announces First Quarter 2012 Earnings Of Over $1 Million - MarketWatch (press release)

Silvergate Bank Announces First Quarter 2012 Earnings Of Over $1 Million MarketWatch (press release) LA JOLLA, Calif., May 15, 2012 /PRNewswire via COMTEX/ -- Silvergate Bank, a San Diego-based bank that specializes in serving small businesses, today announced first quarter 2012 net income of $1029000, the second highest quarterly earnings in the ... and more »

Prudential Bancorp, Inc. of Pennsylvania Announces Second Quarter Results - MarketWatch (press release)

Prudential Bancorp, Inc. of Pennsylvania Announces Second Quarter Results MarketWatch (press release) Tom Vento, President and Chief Executive Officer, stated "Although we are pleased that we have posted net income for four consecutive quarters, we are disappointed with our financial performance for the first six months of fiscal 2012 as we are ... First Connecticut Bancorp, Inc. Announces First Quarter 2012 EarningsNASDAQ American Perspective Bank Announces: First Quarter 2012 Financial Results ...Daily Markets all 93 news articles »